Redwood Managed Municipal Fund Price on July 10, 2024
| RWMNX Fund | USD 14.94 0.00 0.00% |
Below is the normalized historical share price chart for Redwood Managed Municipal extending back to March 09, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Redwood Managed stands at 14.94, as last reported on the 27th of November, with the highest price reaching 14.94 and the lowest price hitting 14.94 during the day.
If you're considering investing in Redwood Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Redwood Mutual Fund to be very steady. Redwood Managed Municipal maintains Sharpe Ratio (i.e., Efficiency) of 5.0E-4, which implies the entity had a 5.0E-4% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for Redwood Managed Municipal, which you can use to evaluate the volatility of the fund. Please check Redwood Managed's Coefficient Of Variation of 9695.24, semi deviation of 0.0813, and Risk Adjusted Performance of (0.06) to confirm if the risk estimate we provide is consistent with the expected return of 1.0E-4%.
Redwood Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Redwood |
Sharpe Ratio = 5.0E-4
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Based on monthly moving average Redwood Managed is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Redwood Managed by adding Redwood Managed to a well-diversified portfolio.
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Redwood Managed Valuation on July 10, 2024
It is possible to determine the worth of Redwood Managed on a given historical date. On July 10, 2024 Redwood was worth 14.78 at the beginning of the trading date compared to the closed value of 14.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Redwood Managed mutual fund. Still, in general, we apply an absolute valuation method to find Redwood Managed's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Redwood Managed where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Redwood Managed's related companies.
| Open | High | Low | Close | Volume | |
| 14.77 | 14.77 | 14.77 | 14.77 | 1.00 | |
07/10/2024 | 14.78 | 14.78 | 14.78 | 14.78 | 1.00 |
| 14.81 | 14.81 | 14.81 | 14.81 | 1.00 |
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Redwood Managed Trading Date Momentum on July 10, 2024
| On July 11 2024 Redwood Managed Municipal was traded for 14.81 at the closing time. The highest daily price throughout the period was 14.81 and the lowest price was 14.81 . There was no trading activity during the period 1.0. Lack of trading volume on 07/11/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.20% . The trading delta at closing time to current closing price is 0.41% . |
Redwood Managed Municipal Fundamentals Correlations and Trends
By evaluating Redwood Managed's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Redwood Managed's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Redwood financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Redwood Managed Mutual Fund history
Redwood Managed investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Redwood is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Redwood Managed Municipal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Redwood Managed stock prices may prove useful in developing a viable investing in Redwood Managed
Under normal circumstances, the fund will, directly or indirectly, invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from regular federal income tax and may subject the investors to alternative minimum tax.
Redwood Managed Mutual Fund Technical Analysis
Redwood Managed technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Redwood Managed Period Price Range
Low | November 27, 2024
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0.00 | 0.00 |
Redwood Managed Municipal cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Redwood Managed November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Redwood Managed mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Redwood Managed shares will generate the highest return on investment. By undertsting and applying Redwood Managed mutual fund market strength indicators, traders can identify Redwood Managed Municipal entry and exit signals to maximize returns
Redwood Managed Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Redwood Managed's price direction in advance. Along with the technical and fundamental analysis of Redwood Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Redwood to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.75) | |||
| Treynor Ratio | 0.569 |
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Other Information on Investing in Redwood Mutual Fund
Redwood Managed financial ratios help investors to determine whether Redwood Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Redwood with respect to the benefits of owning Redwood Managed security.
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